Plan Ledger DOL Form 5500 · updated monthly

Manning Building Supplies, Inc.Profit-sharing plan

MANNING BUILDING SUPPLIES, INC. PROFIT SHARING PLAN · JACKSONVILLE, FL · plan year 2022

Reported admin expense ratio · 2022
0.07%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Manning Building Supplies, Inc. reported $7,438 in plan administrative expenses for 2022: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,219 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.07% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is the 1,742nd-largest of 3,644 plans among Florida employers on file, and the 2,562nd of 5,215 in retail trade.

Plan summary
Net assets, end of year$10,396,718
Participants with balances255
Active participants228
Employer contributions$1,190,000
Employee contributions—
Employer contribution per active participant$5,219
Average account balance$40,771
Benefits paid to participants$517,525
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$9.7M · 238 accts · $809K emplr
2022$10.4M · 255 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Investment management$7,438
Total administrative$7,438
Employer contributions to the Manning Building Supplies, Inc. plan · 2022
Employer contribution per active participant$5,219
Median for plans this size$2,266
2023$3,185 per active participant
2022$5,219 per active participant

Manning Building Supplies, Inc.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023$8,120 · 0.08%
2022$7,438 · 0.07%
Similar plansRetail Trade · Florida
Petro Services, Inc. FL$10.4M · 0.68%
B & R Supermarket, Inc. FL$9.8M · 0.65%
Kanes Furniture, LLC FL$9.7M · 1.03%
Tibbetts Lumber Co., LLC FL$9.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592398136 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.